Labor Economics latest publications
Is society destined for mass technological unemployment as a result of robotization and artificial intelligence? Will inequality grow as a result of new technologies? Are universal basic income and robot tax the new frontier of welfare?
They approved a new tax reform which they have named "Growth Law". I think that the reform does things that can indeed help us grow but also does others that perpetuate historical criticisms of our tax and social security contribution system.
Turkish unemployment data is published with a significant delay (nearly three months), making it difficult to analyze the labor market in advance. In order to assess the evolution of the unemployment in high frequency, we have developed a dynamic model combining both the Business Cycle and Google searches for jobs.
Social security affiliation increased by 106,500 people (2.3% YoY) and unemployment by 97,900 (-2.4% YoY). Once seasonality is accounted for, mixed signals are observed in labor market: employment gained dynamism and grew by 39,000 people, but unemployment registered its third non-consecutive growth in 2019 (13,000 people)
Formal employment had an annual growth of 1.9%, reaching a total of 20.5 million formal employees.
October 10, 2019
Mexico | Increases to the minimum wage, without effects on employment and inflation
In the last two years the minimum wage has had significant increases: 10% in 2018 and 16% this year. However, these figures must be put in context. From 1980 to 2018 the real minimum wage lost just over 60% of its value.
A new Congress initiative seeks to create a barrier to the active and competitive participation of economists in issues related to the profession, creating rents to particular institutions and limiting the arrival of new voices to the arena. We insist that the Congress agenda should rather be used in more urgent maters.
In August, 36.6 million new formal jobs were registered according to the Mexican Social Security Institute, with this figure a total of 20.4 million insured workers were registered. From January to August 342 thousand new jobs were created, 46.9% less compared to the same period of the previous year.